New U.S. Department of the Treasury Analysis Shows Growth of Small Business and Entrepreneurship During the Biden-Harris Administration
Today, the U.S. Department of the Treasury published a new analysis on small business and entrepreneurship in the post-COVID economic expansion. The analysis shows that entrepreneurship has surged during the Biden-Harris Administration, and that the role of small business in our economy and labor markets is poised to grow further. Important headwinds remain, but given the recent progress, it is important to recognize the central role small businesses play in the U.S. economy. As part of the release, Nex Cubed was recognized as one of the recipients of North Carolina’s $32 million award in federal funds from the American Rescue Plan (ARP) to 10 venture capital firms under SSBCI.
This article originally appeared on the U.S. Department of the Treasury, read the full release here.